The Astronomical Ascent of Bitcoin

Yesterday, Bitcoin’s course broke yet another record – the value of this crypto currency at the Coindesk exchange in the course of trading rose to 8.7 thousand dollars.

The growth of bitcoin was 5.6 percent and the maximum result was shown on Saturday about 5 pm Moscow time. During the day, the cost of bitcoin ranged from 8,156 to 8,725 thousand dollars. By the end of the day the currency was traded at a price of 8,689 thousand US dollars.

On November 12, at the same stock exchange, the bitcoin rate reached a record low of $ 5.857, but soon stabilized, and then began to grow again.

Earlier, Russian President Vladimir Putin instructed the government and the Central Bank to jointly develop amendments to legislation regulating the procedures for the placement, exchange and sale of crypto-currencies, and determine their status.

While the status of the crypto currency is not defined, many Russian officials are against the extraction of the crypto currency and its trade. According to some, it all resembles a financial pyramid, while others compare the extraction and trading of the “crypt” to the casino, recommending that they abandon a dubious venture that could lead to a loss of money.

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You ask the age-old question, in terms of how the internet gives people the view that all is free to take in this world. I have resigned myself to the inevitability of seeing my content rehashed and re-used elsewhere, to be honest. Some of my own stories are simply re-writes of articles I’ve read that I have given my own take on, with some additional research done to embellish and improve upon it.

I see this as no different to how newspapers and news outlets more generally function, but if the text is entirely of your own thinking and research, it does leave a bad taste in the mouth when you see it used by someone else, and with no reference or thanks to the original author.

It’s a tough one, but shouldn’t put us off, I guess. Just date-stamp your articles, so that your more discerning readers can assess for themselves who created what and first. If you find clear, word-for-word use of your content, then there are avenues to go down to punish such behaviour, but re-writes are inevitable if the content is good enough. Write with the best grammar and use of English, so that you always stand out above the rest – If you write really well, with varied, clever and quality language, it (in my mind) will make it harder for anybody to copy without making it sound of lesser quality.